Assistant General Counsel - Creditors’ Rights and Bankruptcy Attorney

Assistant General Counsel - Creditors’ Rights and Bankruptcy Attorney

21 Oct 2024
Texas, Dallas / fort worth, 75201 Dallas / fort worth USA

Assistant General Counsel - Creditors’ Rights and Bankruptcy Attorney

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career - a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.Job Description:In the Regions’ Legal Department, an Assistant General Counsel will have the opportunity to provide legal advice and guidance to clients and colleagues on a wide variety of legal issues. The Legal Department is focused on attracting, retaining, and developing great people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the team. The Legal Department is currently pursuing the Mansfield certification. Please see additional information regarding this position listed below skills/competencies.Primary Responsibilities

Partners with business units and senior leaders to provide practical legal advice on issues related to complex business and banking matters

Provides strategic, pragmatic, and trusted legal advice to business units.

Advises management as to the interpretation of laws and regulations and on new and recent changes in laws and regulations that affect the Bank

Monitors and remains up to date on emerging legislative developments that may affect the Bank

Participates in line of business-initiated projects such as drafting policies and procedures on new regulations and amendments or new interpretations of existing regulations

Provides seasoned assessment of legal risk when business decisions are made, demonstrating particular consideration for the Bank’s reputation as well as our clients and assets

May work with outside counsel on legal issues impacting the Bank

May lead and manage other Assistant General Counsel, specialists and/or paralegal staff

May provide assistance with training bankers, associates, operational staff and customer support staff on legal issues

Provides advanced legal counsel on a wide range of legal issues and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors

Proactively develops relationships based on trust across the organization; grows internal and external networks

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.Requirements

Law Degree

Licensed in good standing to practice law in at least one jurisdiction

Eight (8) years of legal experience at a regulatory agency, in the financial services industry, or at a law firm with strong knowledge of bank regulations or other relevant practical legal experience

Skills and Competencies

Ability to build strong partnerships with business colleagues in order to drive results

Ability to manage a high-volume workload and reach prompt, pragmatic decisions

Ability to tactfully navigate complex discussions

Ability to work in a collaborative environment with multiple stakeholders to include senior management

Advanced analytical, research, decision-making and problem-solving skills combined with effective time management and project management/planning skills

Demonstrated ability to assimilate and analyze facts and present complex issues in a clear and concise manner and provide succinct results-oriented legal advice

Demonstrated ability to comfortably operate in a constantly changing environment

Demonstrated ability to lead and manage, formally or informally, other Assistant General Counsel

Excellent verbal and written communication skills

Possesses unique legal expertise in one or more specialized areas of the law

Strong organizational skills

Regions is seeking an in-house counsel who will serve as direct partner to the bank’s Commercial Problem Assets and Collections functions.Primary Responsibilities:

Provide strategic guidance to the bank’s overall collections efforts for commercial loans;

Provide guidance on creditors’ rights and bankruptcy matters;

Provide compliance guidance in connection with laws governing financial services products and consumer protection;

Advise on legal and regulatory risk-mitigation strategies;

Investigates and resolves threatened litigation in connection with consumer and commercial collection activities;

Supervises outside counsel retained to resolve complex litigation.

Additional Preferences:

Experience with bankruptcy, corporate restructuring, loan workout (including syndicated loans) and/or creditor representation in the financial services industry;

Litigation experience.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.Position TypeFull timeCompensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range Target:Minimum:$130,998.80 USDMedian:$193,150.00 USDIncentive Pay Plans:This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.https://www.regions.com/welcometour/benefits.rfLocation DetailsRegions CenterLocation:Birmingham, AlabamaBring Your Whole Self to WorkWe have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.OFCCP Disclosure: Equal Opportunity Employer/Disabled/VeteransJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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